Oil and gas rig upgrade and refurbishment services provider Lamprell plc (LAM.L) said Thursday, in its interim management statement, it has received a new contract worth US$ 210 million from Eurasia Drilling Company Ltd. The contract with Eurasia Drilling Company or EDC is for the construction and delivery of a completely outfitted and equipped, LeTourneau […]
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Bangkok – Thinking of buying a condominium in one of the hospitable, thriving capitals of sunny South-East Asia? You might check out their flood prevention plans beforehand. While the debate over global warming contines, South-East Asia‘s coastal capitals have been facing the reality of extreme weather and its soggy companion, water. In 2007, flooding in […]
Continue ReadingSEAWATER, they said, is expected to reach Bangkok‘s ground level in the next 25 years. “Our findings have predicted what is coming. The question now is how the government will prepare for this,” said Dr Chalermchon Satirapod, a researcher in the GEO2TECDI (GEodetic Earth Observation Technologies for Thailand: Environmental Change Detection and Investigation) project. Chalermchon, […]
Continue ReadingChina, Myanmar and Thailand have agreed to study a 7,000-MW Myanmar hydropower project that would be Southeast Asia‘s largest by generation capacity, the Chinese government and wire services reported. The $10 billion project would be built on the Salween River in Myanmar over 15 years, China‘s State-owned Assets Supervision and Administration Commission said in a […]
Continue ReadingMalaysia and Thailand have agreed to promote the use of rubberwood by sharing information relating to the regional and international markets for rubberwood products. Earlier in 2010, the Malaysian Timber Council (MTC), Malaysian Timber Industry Board (MTIB), Malaysian Furniture Promotion Council (MFPC), Thai Parawood Association and Wood Processing Industry Club of the Federation of Thai […]
Continue ReadingAjinomoto Co., (Thailand) Ltd. (Ajinomoto Thailand) has announced plans to invest JPY5.39 billion ($182 million) to build a new umami seasonings factory in Ayutthaya Province, Thailand. Ajinomoto Thailand, a subsidiary of Ajinomoto Co., Inc., has already decided to increase production capacity for nucleotide seasonings in Thailand. With the addition of the new umami seasonings factory, […]
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Thailand’s multi-award winning property, The Sarojin, is celebrating after it was declared the ‘Overall Winner’, and also winner of ‘Best Hotel in Thailand’, at the Thailand Green Awards 2010. The prestigious Green Awards are run by Tourism Authority Thailand in association with responsibletravel.com. These esteemed awards were presented to representatives of The Sarojin by Her […]
Continue ReadingTargeting 470 billion JPY in sales by 2016 Mitsubishi Electric Corporation (TOKYO:6503) announced today its strategies to enforce its global elevator and escalator business with aims to achieve sales of 470 billion yen by the fiscal year ending March 31, 2016. By the same year, the company also aims to increase its overseas sales ratio […]
Continue ReadingHOTEL owner and operator Starwood Hotels & Resorts Worldwide Inc is expanding rapidly in Thailand, despite the political uncertainties there. Starwood — which operates the Sheraton, Westin, W and Le Meridien chain — expects to have 7,221 rooms by the end of 2012. It now has 11 hotels with a total room inventory of 4,500 […]
Continue ReadingRolls-Royce expects to win contracts to supply generators to four or five SPP (small power producer) projects in Thailand over the next five years, at a combined value of US$100 million, or nearly Bt3 billion. “Thailand is now the most active market in Asean for sales of Rolls-Royce power-generation solutions,” said Mahendra Singh Chauhan, senior […]
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